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Featured Mortgage Rates*
as of
Thursday, April 24, 2014 8:30 am to 5:30 pm CT

(rates subject to change without notice) 

30 Year Fixed Rate Conventional
RATE APR POINTS 
4.625% 4.742% 0%


30 Year Fixed Rate FHA Insured
RATE APR POINTS 
4.375% 6.357% 0%


Home

WHEDA ADVANTAGE®

The WHEDA Advantage provides home buyers with a versatile loan that features the lowest monthly mortgage payments, down payment and closing cost assistance, a 30-year fixed-interest rate, and more. When you buy your home with WHEDA, you're able to make one of the biggest and most exciting decisions of your life be one of the best!

FEATURES AND BENEFITS

  • Low cost, 30-year fixed interest rate
  • Higher income and loan limits enable more borrowers to qualify
  • WHEDA Easy Close Advantage down payment assistance loan available to eligible borrowers
  • All WHEDA Advantage loans are serviced by WHEDA's top rate servicing team

GENERAL ELIGIBILITY GUIDELINES

  • Must be a home buyer with good credit and an income to support a monthly mortgage payment 
  • Income limits and credit guidelines do apply
  • Refinancing is not available
  • Pre-purchase home buyer education is required to help ensure your future success as a homeowner
  • The property must be your primary residence
  • Borrower can purchase an existing single family home or duplex* within WHEDA’s loan limits 
    * Landlord counseling required for two-unit properties

GETTING STARTED